BTC Daily Report: November 2, 2026 — Key News and Updates
Over the past 24 hours, developments in the Binance theft case formed the main information flow: the FBI confirmed North Korea as the actor behind it, with more than $6 billion involved; Binance's two CEOs pledged to cover all losses with company funds, saying $6 billion of the losses has been covered, 95% of affected assets replenished, and withdrawals will resume in phases today from 14:00 to 17:00. The attackers converted 970,500 SOL worth $95.9 million into BTC. Premia Labs' stolen funds were bridged and swapped into BTC, Troves' xWBTC/WBTC vault lost about 8.6 BTC, and about 97 million CORE was stolen from b14g, with 9 million already frozen. On the institutional side, Next Technology authorized the sale or pledge of 5,833 bitcoin, and Strategy reported holding 848,517 bitcoin.
November 02, 2026 BTC News Roundup
- [11-01 19:00] Next Technology Authorizes Sale or Pledge of 5,833 Bitcoin After Risk Review（NewsBTC）
TL;DR: Next Technology has authorized selling or pledging its reported 5,833 BTC. The decision creates flexibility; it does not confirm that a transaction has occurred. Next Technology Holding has giv
- [11-01 13:33] Wu Said Daily Selected Crypto News + Weekly Popular Project Updates（Wu Said）
1. FBI: North Korea is responsible for the theft of over $6 billion in crypto assets from Binance, calls on relevant service providers to block money-laundering transactions. The U.S. Federal Bureau of Investigation (FBI) issued a notice attributing to North Korea the theft of over $6 billion in crypto assets from Binance, and called the related malicious cyber activity TraderTraitor. The FBI, together with the U.S. Secret Service (USSS) and the Internal Revenue Service Criminal Investigation (IRS-CI), found that the attackers are mainly converting the stolen assets into ETH, and are expected to further launder them through DeFi and instant exchange services. F
- [11-01 13:12] FBI Confirms North Korea Was Behind The $6.3B Binance Hack（Bitcoinist）
TLDR; The FBI confirms the allegations and has officially attributed the $6.3 billion Binance hack to North Korea-linked hackers. FBI urges cryptocurrency exchanges, DeFi platforms, and blockchain se
- [11-01 10:35] Binance Hacker Converts 970,500 SOL Worth $95.9 Million into BTC（Odaily）
Odaily News: According to Lookonchain monitoring, the Binance hacker (AffzFDKZ...GigBEaU) is converting the stolen 970,500 SOL (worth $95.9 million) into BTC. In the past hour, the hacker moved 487,000 SOL (worth $46.4 million), and is currently swapping SOL into BTC via Relay Protocol.
- [11-01 10:13] On-Chain Options Finally Find a Hedging Venue: Who Benefits Most — Hyperliquid, Derive or Paradex?（Wu Said）
Author: Saurabh Deshpande (Decentralised.co) Translation: TechFlow Original link: https://www.techflowpost.com/article/34822 Disclaimer: This article is reposted content; readers can obtain more information via the original link. If the author has any objection to the form of reposting, please contact us and we will make changes as requested by the author. Reposting is solely for information sharing and does not constitute any investment advice, nor does it represent the views or stance of Wu Said. Hello everyone, I have been thinking
- [11-01 05:15] Premia Labs Attacked, Losing About $460,000; Stolen Funds Bridged and Swapped into BTC（Wu Said）
Wu Said has learned that, according to PeckShield monitoring, decentralized derivatives project Premia Labs was attacked, involving about $464,600 in funds. The attacker has bridged the stolen assets from Arbitrum to Ethereum, and then swapped the funds into BTC via Chainflip and NEAR Intents.
- [11-01 04:17] Binance to Resume Withdrawals in Phases Today 14:00–17:00; 95% of Affected Assets Already Replenished（Wu Said）
Wu Said has learned that Binance announced plans to resume the first batch of withdrawal services in phases from 14:00 to 17:00 Beijing time on November 1, covering 15 networks including BTC, ETH, BSC and SOL; other networks will open successively after security checks are completed, and deposit services are operating normally. Meanwhile, Binance said it has replenished about 95% of the affected assets, up from 90% previously, with the top ten tokens including BTC, ETH, USDT and BNB now fully backed at 100%. The remaining roughly 5% are lower-liquidity tokens, and the company
- [11-01 03:00] Preliminary Loss of About 8.6 BTC as Troves xWBTC/WBTC Vault Is Attacked（Odaily）
Odaily News: Troves disclosed that its xWBTC/WBTC vault was exploited on October 31, with a preliminary loss of about 8.6 BTC. The attack affected only this vault; other vaults have not been affected so far. The cause was that a replaced legacy rebalancing contract still retained permissions. The team has revoked the relevant contract permissions and, as a precaution, paused affected and potentially exposed vaults, including xWBTC/WBTC, xSTRK/STRK and xstrkBTC/strkBTC. Troves said the team is continuing to investigate,
- [11-01 02:56] DeFi Protocol Troves Vault Attacked, Preliminary Loss of About 8.6 BTC（PANews）
PANews, November 1: Starknet ecosystem DeFi protocol Troves disclosed that its xWBTC/WBTC vault suffered an exploit on October 31, with a preliminary loss of about 8.6 BTC. The attack was limited to this vault; other vaults have not been affected so far. The cause was that a replaced legacy rebalancing contract still retained permissions. The team has revoked the relevant contract permissions and, as a precaution, paused affected and potentially exposed vaults, including xWBTC/WBTC, xSTRK/STRK, xstrkBTC/strkBTC
- [11-01 02:17] Covering $6 Billion of the Hack Losses, Binance Updates on the Incident（Odaily）
Odaily News: Binance again updated on the hack incident, saying it has now covered $6 billion of the losses caused by the hack. Previously, Binance said it had completed backfilling about 90% of the affected assets, up from the 80% previously disclosed; BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have all achieved 100% full reserve backing.
- [11-01 02:17] Binance: $6 Billion of the Losses Caused by the Hack Has Been Covered（PANews）
PANews, November 1: Binance again updated on the hack incident, disclosing that it has now covered $6 billion of the losses caused by the hack. Earlier, Binance announced in a post that it had completed backfilling about 90% of the affected assets, up from the 80% previously disclosed, and that BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have all achieved 100% full reserve backing.
- [11-01 01:03] Troves Vault Attacked, Losing About 8.6 BTC; Three Vaults Paused and Funds Being Traced（Wu Said）
Wu Said has learned that Troves, a DeFi yield strategy platform in the Starknet ecosystem, said its xWBTC/WBTC vault was attacked on October 31, with a preliminary loss of about 8.6 BTC. The investigation shows the attack involved a legacy asset rebalancing contract that had been replaced but still retained operational permissions. Troves has revoked the relevant contract permissions and paused three vaults — xWBTC/WBTC, xSTRK/STRK and xstrkBTC/strkBTC — to guard against potential risks. The official statement said it is not yet
- [11-01 00:44] Binance's Two CEOs Respond to the $6.3 Billion Theft: Pledge to Use Company Funds to Cover All Losses Caused by the Hackers（Wu Said）
Editor | Wu Said Blockchain. At about 4:05 a.m. Beijing time on October 30, 2026, Binance's hot wallet suffered a large-scale hack, with about $6.3 billion worth of crypto assets stolen, involving multiple tokens including BTC, ETH, USDT and USDC. The incident may become the largest theft in cryptocurrency history. Binance subsequently suspended withdrawal services and worked with stablecoin issuers, blockchain security companies and law enforcement agencies to trace the funds. As of October 30, about $3 billion of the stolen assets had been frozen on-chain, and the remaining
- [11-01 00:03] Bitcoin Dual Staking Protocol b14g Attacked: About 97 Million CORE Stolen, 9 Million Already Frozen（Wu Said）
The Bitcoin dual staking protocol b14g issued a security notice stating that at around 17:29 Beijing time on October 31, about 97 million CORE staked through the protocol was withdrawn without authorization and transferred to addresses controlled by the attacker. After discovering the incident, b14g paused the affected contracts and worked with the Core team, security partners and exchanges to investigate, trace the funds and coordinate freezing and recovery. Preliminary tracing shows that about 68 million of the CORE involved remains on the Core chain, and partner exchanges have frozen about
- [10-31 21:54] FBI Says North Korea Is Responsible for Binance's Over $6 Billion Virtual Asset Theft（Odaily）
Odaily News: The FBI announced that North Korea is responsible for the theft of over $6 billion in virtual assets from Binance around October 29, and called the related malicious cyber activity "TraderTraitor". The FBI said that it, together with the U.S. Secret Service (USSS) and the IRS Criminal Investigation division (IRS-CI), observed that the attackers are mainly converting the stolen assets into ETH, and are expected to further launder them through DeFi and instant exchange services. The FBI called on THORChain node operators, RPC node operators
- [11-01 14:35] Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%（Bitcoinist）
TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week's sell-off. Lighter's LIT token jumped roughly 18%, while modest moves in major cryptocurrenc
- [11-01 05:18] Wu Said October Mining Monthly: Binance Pool to Cease Services, Five Listed Miners' Output Down About 47% YoY, Bitdeer Monthly Output Up About 200% YoY, and More（Wu Said）
Author | Wu Said Blockchain. 1. According to Binance's official announcement, Binance will stop Binance Pool and related services at 15:00 Beijing time on November 10, 2026, including